“Imports of fish, which last year amounted to 53,000 tons, may grow two or three times. Shellfish imports might increase from 3,000 tons to 15,000-20,000 tons,” the watchdog said in a statement.
Medvedev said he sincerely hoped"our partners’ economic pragmatism will prevail over bad political decisions, and they will think before trying to frighten Russia and impose restrictions on it. And mutual trade and economic partnership will be restored in the volumes which existed before. We would have liked that to happen.”
The positive effects is mainly for Russia and some Latin American countries and the negative effects is for US and EU markets. How would it affect Russia? Boosting their agricultural sector by producing more and finding cheaper markets like the ones in Latin America to sell their goods. Also, trying a taste of Latin American products as well, improving the lives of millions of poor people there. That is what i called clean Capitalism. While for US, EU and other major markets, it would simply spell doom. Why? Russia is already a big market and not being able to sell GMO contaminant foods and some profit only products will spell doom as well in geopolitical economic ambitions by the big imperialists powers.
Just to remind everyone, i am neither pro-Russian nor pro-West but, what Russia did was right to improve small market economies and to show how they want to improve the world market structure while the selfish EU and US "capitalism" would collapse thanks to pne word, Karma.
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